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Oct 14, 2012
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>> welcome to california. [laughter] not just th but think of the public pension problems it is driving city's bankrupt. stockton, of vallejo, riverside, san bernardino, under the weight of the public pension obligations. now the state says get into private. >> the state says there is no logic. that these problems with public pension funds. people need help managin their money. >> california has the paternalistic attitude even against medical marijuana. [laughter] fewer people in a private sector have defined benefits pensions because they are a terrible deal. it is better tohave defined contribution. the ada is businesses are not stepping up to the plate we need a mandate 3 percent goes into the state managed private pension pool you have to opt out every two years. this will not have been unless the enlightened view. gerri: one state senator says workers in small firms are disadvantaged. 84% but they have a personal responsibility. maybe california could find money they don't have. >> is the opposite. they a
>> welcome to california. [laughter] not just th but think of the public pension problems it is driving city's bankrupt. stockton, of vallejo, riverside, san bernardino, under the weight of the public pension obligations. now the state says get into private. >> the state says there is no logic. that these problems with public pension funds. people need help managin their money. >> california has the paternalistic attitude even against medical marijuana. [laughter] fewer people...
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Oct 15, 2012
10/12
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maybe california could find money they don't have. >> is the opposite. they allow people to take more money to say we will tax more. soor example, the public sector pension. >> california could not manage its way out of a paper bag. [laughter] fascinating story. frustrating. midnight sales and/or buster prices. should you be lining up? taking home thenobel peace prize. what is so funny? gerri: mitt romney to give a major policy speech next friday the national debt is a big campaign issue. we have for the deficit is 1.1 trillion dollars. washington has run four straight years of trillion dollar deficit he has not cut the deficit in half of the was an office the gap between the revenue it took in 2.5 trillion of taes but spent 3.5 trillion it is now going to hit the limit before the year is out. the each of $51,000. debt ceiling debate anybody? look at those numbers. of the nobel peace prize has done it again. none other than the european union. despite the debt crisis and poor fostering peace and democracy. joining me now is john browne he believes they d
maybe california could find money they don't have. >> is the opposite. they allow people to take more money to say we will tax more. soor example, the public sector pension. >> california could not manage its way out of a paper bag. [laughter] fascinating story. frustrating. midnight sales and/or buster prices. should you be lining up? taking home thenobel peace prize. what is so funny? gerri: mitt romney to give a major policy speech next friday the national debt is a big campaign...
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. >> president obama in california, raising big bucks. while california drivers handing over big bucks at the pump. gas prices, spiking 50-cents a gal an in one week. topping $5 in some areas, and governor jerry brown, taking emergency action, but gas prices barely budging and energy analyst williamiate ma yateman d this is what the white house should be focussing on because the $ 5 gas could be nationwide. >> ironic, the president was in california raising money, come iz rating with the rating given that gas price hike of cause of poor policy decisions. nationwide. liz: we're talking about the refineries that have been shoved off line due to fires and disturbances, could that be alternative to your argument saying maybe this will not go nationwide this is say local problem? a refinery issue? >> indeed those -- that is the direct cause. the supply disruptions. but the market tight in california for 4 reasons, really, state policies indeed. one the state is highest gas tax of any in the nation. two, refining costs are highest in the nation
. >> president obama in california, raising big bucks. while california drivers handing over big bucks at the pump. gas prices, spiking 50-cents a gal an in one week. topping $5 in some areas, and governor jerry brown, taking emergency action, but gas prices barely budging and energy analyst williamiate ma yateman d this is what the white house should be focussing on because the $ 5 gas could be nationwide. >> ironic, the president was in california raising money, come iz rating...
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Oct 24, 2012
10/12
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provides resources california drivers need. melissa: i sometimes worry california take as good idea and takes it to the excess beyond what we need. we saw that with the gas price rise recently. but prop 30, also gives me pause. it is increasing taxes on those earning more than $250,000 or more. increasing sales tax by a quarter of a cent for four year analys think it will bring 6 billion annually. those are juss the highlights. you tax the things you want to discourage. do you want to discourage sales tax gas consumption, that is people working. seems like a crazy time to do something like this. are you voting for prop 30. >> i am. i'm not thrilled about doing it but let me tell you why. when we came here, there was a golden state and new gold rush here. people built universities and roads. they brought wear from t north. we're living in a desthe where we are right now. melissa: sure. >> that is all paid f with money by our parents and grandparents. we he to pass on the next opportunity to the next generation. melissa: by taxin
provides resources california drivers need. melissa: i sometimes worry california take as good idea and takes it to the excess beyond what we need. we saw that with the gas price rise recently. but prop 30, also gives me pause. it is increasing taxes on those earning more than $250,000 or more. increasing sales tax by a quarter of a cent for four year analys think it will bring 6 billion annually. those are juss the highlights. you tax the things you want to discourage. do you want to...
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Oct 23, 2012
10/12
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director of the california republican party. welcome to you both, gentlemen. let me start with you. high gas prices taking a toll. we saw with refineries shut down and shifting to the winter blend with dirty filthy, gas to get cars running around here. do you think that environmental regulations taking a toll on california drivers. >> melissa, you're looking at this. melissa: everybody is in their house hiding because they can't drive their car? >> that is one theory. let me give you another. because i came to california several, couple decades before you. melissa: yeah. >> and the air was like orange. i mean we have, mountains trap all the pollution. so for many, many years we made a bargain which we'll pay more for gas in order to clean up the air, defense of cancer and all problems with lung disease and contaminants. melissa: i hate to give him this point. i grew up in the valley. i hate to tell people. a lot of it was covered in smog. a lot is gone now. does he have a fair point on environmental cleanup and is it worth the p
director of the california republican party. welcome to you both, gentlemen. let me start with you. high gas prices taking a toll. we saw with refineries shut down and shifting to the winter blend with dirty filthy, gas to get cars running around here. do you think that environmental regulations taking a toll on california drivers. >> melissa, you're looking at this. melissa: everybody is in their house hiding because they can't drive their car? >> that is one theory. let me give...
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melissa: this will get worse in california? >> i don't know about worse as today but for refiners it will get more difficult because they're supposed to blend more biofuels which don't exist. a lotrnia crude oils they're relying on will have a high rating what is called carbon intensety. 2015 is the time for --. melissa: standards killing drivers in california the reason everyone is out there suffering right now you're saying it will get worse by 2015? the standards are getting even higher. they're blending in these things we've done stories here on "money" that do not exist, these biofuels. >> let's say something about the government, okay? two years ago in initiative pushed primarily by valero, tesoro, two big independent refiners there was initiative on november ballot to delay the implementation of ab-32 which is the big green house gas regulation. voters of california turned that down by pretty large margin. voters have said we want ab-32. they will get it. can't blame this on ab-32. you can't. this could be even though ha
melissa: this will get worse in california? >> i don't know about worse as today but for refiners it will get more difficult because they're supposed to blend more biofuels which don't exist. a lotrnia crude oils they're relying on will have a high rating what is called carbon intensety. 2015 is the time for --. melissa: standards killing drivers in california the reason everyone is out there suffering right now you're saying it will get worse by 2015? the standards are getting even...
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i took some northern california to southern california yesterday, everything above $4.50. now the senator is calling for federal hearings saying there may be some funny business going on. liz: governor jerry brown saying he would get the winter fuel blend pushed out because it is a little less expensive. >> he has. yes. he has just done that, actually. depending on who you talk to, three to four days. some people will say a week. we are talking about a 15% drop. maybe a $0.20 drop. liz: now let's get to robert. do they get a benefit if gasoline is higher? >> it certainly appears that way. investors getting a little bit of a break. look at marathon petroleum. they are buying a refinery in texas. marathon moving higher buying bp. also, take a look at bp itself. we get to the california issues. also the fire near san francisco. that was at a sever on refinery back in august. you are seeing gains across the board here. back to you. liz: thank you. the dow is coming back. it is down just 11 points. in some strange way could we end up positive right now? who knows. we have 39 mi
i took some northern california to southern california yesterday, everything above $4.50. now the senator is calling for federal hearings saying there may be some funny business going on. liz: governor jerry brown saying he would get the winter fuel blend pushed out because it is a little less expensive. >> he has. yes. he has just done that, actually. depending on who you talk to, three to four days. some people will say a week. we are talking about a 15% drop. maybe a $0.20 drop. liz:...
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Oct 19, 2012
10/12
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big picture california has the third worst unemployment in the country. it lost 66,000 jobs in the month of august even as its unemployment ticked downward to 10.6%. it's been a basket case f a long time and there's nothing to suggest that it won't be a basket case in the near future as well. melissa: paul, one of the allegations theye not counting all the claims that pile up at the beginning of a new quarter. there some mechanically, can you understand how that would be possible? >> there is a potential for that, if you don't have simple things like enough manpower to do that. if there's a delay in any of reporting from other areas. there are human factors tha absoluly get involved in th. but i would tell folks, we're 19 days out. a lot of caution there. but responsibility for making this stuff abundantly clear at point reported the public is the secretary's responsibiiity, no doubt about it. melissa: i hear you. i nt to lay this to rest once and for you will. put you each on the spot. matt do you believe ese numbers? >> i believe, who knows. yeah, sure.
big picture california has the third worst unemployment in the country. it lost 66,000 jobs in the month of august even as its unemployment ticked downward to 10.6%. it's been a basket case f a long time and there's nothing to suggest that it won't be a basket case in the near future as well. melissa: paul, one of the allegations theye not counting all the claims that pile up at the beginning of a new quarter. there some mechanically, can you understand how that would be possible? >>...
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people in california may not be able to drive in the first place. you remember we told you yesterday how pipeline and refinery shutdowns have caused a spike in prices and even a gas shortage in the state. well, get this. the average price of a gallon of regular gas in california today, is $4.49. it rose 1 cents from yesterday! what a nightmare. rick boon from our fox affiliate kswb joins us from san diego with more. rick what is going on there? >> you mentioned "carmageddon". give you a better word, ga gasaggeddon. this is one of the cheapest gas stations in san diego, 4.59. highest, 4.79. this is one of the lowest priced areas. some gas stations are a lot higher than that for the low price of gas. this is happening because of a trifecta going on. we have refinery fires going on. we have a pipeline that's a problem. refineries get this, are on scheduled maintenance. all that together is causing all this on top of that not only is gas too high here in southern california we're running out of it! we have several stations in the area simply out of gas
people in california may not be able to drive in the first place. you remember we told you yesterday how pipeline and refinery shutdowns have caused a spike in prices and even a gas shortage in the state. well, get this. the average price of a gallon of regular gas in california today, is $4.49. it rose 1 cents from yesterday! what a nightmare. rick boon from our fox affiliate kswb joins us from san diego with more. rick what is going on there? >> you mentioned "carmageddon"....
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Oct 20, 2012
10/12
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california sky-hh gas prices are doing wonders for the toyota prius. the hybid vehicle is the state's topelling car for the firsttime ever. that is accorng to the california new car dealers association. >>> oil prices getting slammed in today's selloff. a strgtning u.s. dollalar helps fuel crude'stumble, finay settling a $90.05 a barrel. a ne report warns that the great lakes could be at risk for a severe oil spill. national wild five foundation, that two oil pipene in the upper great lakes are not being properly main and and nor are proper emergency procedures in place in the evt of a spill. that is not good. >>> rosneft is about to become the world's largest oil producer. rosneft isuortedly ready to purchase 50 dal billion of russian assets from oil companies. if the deal goes through, rosneft's daily pruction would top exxonmobil's. coming up we're crunching the real numbers in predent obams and mitt romney's tax plans. a side by side cmparison to see who first-hand will rake it in and who will be left out of the cold. >>> how sk are you of those ro
california sky-hh gas prices are doing wonders for the toyota prius. the hybid vehicle is the state's topelling car for the firsttime ever. that is accorng to the california new car dealers association. >>> oil prices getting slammed in today's selloff. a strgtning u.s. dollalar helps fuel crude'stumble, finay settling a $90.05 a barrel. a ne report warns that the great lakes could be at risk for a severe oil spill. national wild five foundation, that two oil pipene in the upper great...
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Oct 10, 2012
10/12
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markets including california, florida, illinois, building its own video hosting technology sources. sources say users would be able to up load video directly to the site via the services mobile apps. >>> heating bills are expected to take a big jump this year. a recent report by the energy department expect bills to climb 15% for natural gas customers, 19% for heating oil customers. that is today's speed read. [buzzer] david: right on time. way to nail it. banks are set to report third quarter earnings this friday will wells fargo, citi, jpmorgan, bank of america will report at beginning of next week. sandra: what can investors expect and what names should you get into now? we have brad hintz, former lehman brothers ceo or cfo. the reason i didn't want to most that up to put emphasis on it you are inside this industry. you know it very well. and here we're looking at bank earnings. what are you expecting especially friday when we kick things off for the financials? >> in terms of the quarter, right, we're going to have much better fixed income. that is really qe3, right? once the eu
markets including california, florida, illinois, building its own video hosting technology sources. sources say users would be able to up load video directly to the site via the services mobile apps. >>> heating bills are expected to take a big jump this year. a recent report by the energy department expect bills to climb 15% for natural gas customers, 19% for heating oil customers. that is today's speed read. [buzzer] david: right on time. way to nail it. banks are set to report third...
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Oct 12, 2012
10/12
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melissa: you want to know that financially doomed california? may have found it. >> the governor has signed a new pension plan run by the state for the private sector employees. now employers of must withhold 3% to put into the retirement fund. it is automatic. they start off with were the intentions but did they keep it simple to send it to the public and police retirement plan? no. they created a brand new bureaucracy costing millions of dollars to operate. this will not solve the problem of a decent estate with the income of 50,000 3% is only $1,500 per year. they could put money into the i.r.a. that costs nothing. for a state spelling -- spending hundred billion to a bullet train to nowhere it is a good idea to take on an expensive new program.
melissa: you want to know that financially doomed california? may have found it. >> the governor has signed a new pension plan run by the state for the private sector employees. now employers of must withhold 3% to put into the retirement fund. it is automatic. they start off with were the intentions but did they keep it simple to send it to the public and police retirement plan? no. they created a brand new bureaucracy costing millions of dollars to operate. this will not solve the...
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Oct 19, 2012
10/12
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california need that more than anybody. melissa: right. >> we have need for gas coming up fundamentally and technically. technically which i love the best we come off what is huge double top in the daily bar chart between 2.95 and $2.90. now we're in what is called a bear flag which augers for lower levels on the downside. so technically it looks like gasoline wants to come lower. but you know there's a lot of other reasons. fundamentally did you know we now are doing 42% of our daily intake in crude, we only import 42% of our daily intake now. we used to be doing 70% five years ago. so you have a lot of crude being produced here in this country. looks like online domestically we're looking to hit 600,000 barrels a day by the end of this year. melissa: yeah. >> in crude. so of course if we're producing crude of that nature, the price has to come down a bit. we're pasted driving season. vacation season here in the u.s. another reason for gasoline to come down. fundamentally and technically we have some decent reasons. meliss
california need that more than anybody. melissa: right. >> we have need for gas coming up fundamentally and technically. technically which i love the best we come off what is huge double top in the daily bar chart between 2.95 and $2.90. now we're in what is called a bear flag which augers for lower levels on the downside. so technically it looks like gasoline wants to come lower. but you know there's a lot of other reasons. fundamentally did you know we now are doing 42% of our daily...
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Oct 16, 2012
10/12
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in california the feds are cracking down on medical marijuana. on the east coast, one approved a shop. what's going on. the judge will be here at 10:45 this morning. there was no formal press announcement, no fanfare, no, this report just kind of slipped out on to the internet. it was in fact unannounced, but it was political dynamite. here is my take on the zero global warming of the last 16 years. yes, surprise, right? britain's press tprestigious meteorologist department found that the planet temperature had not gone up in 16 years. the predictions wrong, the computer models in need of an adjustme adjustment. wait, much of the western energy polyis t po policies that the globe is warming. and president obama pumped 90 billion in green energy subsidies, have we spent all of this money with a flawed theory. the british are changing course, building power plants again. they don't like blackouts. and germany, and ubergreen nee zealand. let me quote the energy minister, the left wing academics will not override the interests of ordinary people in b
in california the feds are cracking down on medical marijuana. on the east coast, one approved a shop. what's going on. the judge will be here at 10:45 this morning. there was no formal press announcement, no fanfare, no, this report just kind of slipped out on to the internet. it was in fact unannounced, but it was political dynamite. here is my take on the zero global warming of the last 16 years. yes, surprise, right? britain's press tprestigious meteorologist department found that the...
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Oct 27, 2012
10/12
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that gets you through, but i want more of what adam is smoking in california, neil. he's talking about housing should recover, banks should legend. those are hopey things we can't count on to grow the economy. we need real numbers out there, which ase noted are not there. >> the housing sector is recovering, not just hoping. there's tremendous head winds. china'slowing, europe's a mess. there's no surprise the united states is ving a hard time growing. we got our own problems. i don't deny any of that -- >> no, but the problem is, though, i mean, this is -- a lot of the growth in this report was on the back of consumer spending. where are they going to get the money to spend if business pull it in and not hire more people, not snding more on wages, where are consums going to get money to keep spending? >> again, to be hopeful, let's see what the business leaders say after making progress on the fiscal cliff situation. we will, no matter who wins the election. i think they may get more optimistic. >> with this congress? neil: i don't want to get into that, and you men
that gets you through, but i want more of what adam is smoking in california, neil. he's talking about housing should recover, banks should legend. those are hopey things we can't count on to grow the economy. we need real numbers out there, which ase noted are not there. >> the housing sector is recovering, not just hoping. there's tremendous head winds. china'slowing, europe's a mess. there's no surprise the united states is ving a hard time growing. we got our own problems. i don't...
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they use in california. it is very hard to pipe in gasoline from other places because of the requirements for environmental regulation. so when two refineries went off-line recently. one came on after they lost electricity. that was one in torrance. there was one a fire about a month ago. that is not on line fully. you see the supply problem. the journal reported this morning california refineries operate at full capacity. 14 refineries have full capacity, you full a few out you have problems. you get into other issues. california has high gasoline prices one because they pay almost highest above what rest of the country pays because of taxes. their average gallon of gasoline is 50, 51 cents higher than everyone else by the tax load. you have environmental issues. they have to have a cleaner blend because of smog problems in places like l.a. in 2002 california eliminated use of a chemical they have to supplement with other chemicals. there is the issue coming november 14th. california's launching a cap-and-t
they use in california. it is very hard to pipe in gasoline from other places because of the requirements for environmental regulation. so when two refineries went off-line recently. one came on after they lost electricity. that was one in torrance. there was one a fire about a month ago. that is not on line fully. you see the supply problem. the journal reported this morning california refineries operate at full capacity. 14 refineries have full capacity, you full a few out you have problems....
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Oct 25, 2012
10/12
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california undermarted the beginning of october and then corrected it last week. and resulting in an increase in 27,000. peter barnes joins us now, peter, does the revision by california, i'm getting confused here, does it remove the confusion and the mistrust surrounding government employment numbers? >> i think what it does, it clears up what exactly happens, but reminds us that we need to be vigilant and always watch these reports and make sure that we say on top of the numbers, stuart, because it does turn out as you suggested, that california, something was going on out there with its jobless claims at the end of the-- at the end of september, early october, and california, as you recall, got in a big fight with us and other news media organizations, claiming there were no problems out there and all of a sudden in today's report we finally see this big pop in claims that appears to be related to the delays in filing that california denied was going on. stuart: exactly. the big drop from a couple of weeks ago, that was oh, so convenient for the president's ree
california undermarted the beginning of october and then corrected it last week. and resulting in an increase in 27,000. peter barnes joins us now, peter, does the revision by california, i'm getting confused here, does it remove the confusion and the mistrust surrounding government employment numbers? >> i think what it does, it clears up what exactly happens, but reminds us that we need to be vigilant and always watch these reports and make sure that we say on top of the numbers,...
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Oct 15, 2012
10/12
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shocking for california. we'll talk to the leader of california as republican party about that. a major japanese company buying sprint, a big deal here in the u.s., but culturally, interesting in japan. we'll talk about that with keith fitzgerald and don peebles, a prominent obama supporter will join us, what does he think the president will do tomorrow to rebound from two bad debates so far? let's hear from you, please. you can e-mail us, you know, varney@foxbusiness.com, here is how you join the company. seven early movers, watch out amazon and google. microsoft said the xbox music will be available for the game consoles starting tomorrow and microsoft is up 20 cents. and what some pharmaceuticals get the fda approval for generic drugs, not much. and we told you earlier, japan's soft bank is buying a majority in sprint, and sprint is up just 4 cents and the stock went up last week, actually when this was suggested. and the consol energy company expects to post, surprise, third quarter losses and down it goes. the publisher ganet says circulation stops falling. and entergy down
shocking for california. we'll talk to the leader of california as republican party about that. a major japanese company buying sprint, a big deal here in the u.s., but culturally, interesting in japan. we'll talk about that with keith fitzgerald and don peebles, a prominent obama supporter will join us, what does he think the president will do tomorrow to rebound from two bad debates so far? let's hear from you, please. you can e-mail us, you know, varney@foxbusiness.com, here is how you join...
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big spikes in california. los angeles one example $0.08 overnight. refinery across california. more on that debate. all energy development comes with some risk, but proven technologies allow natural gas producers to supply affordable, cleaner energy, while protecting our environment. across america, these technologies protect air - by monitoring air quality and reducing emissions... ...protect water - through conservation and self-contained recycling systems... ... and protect land - by reducing our footprint and respecting wildlife. america's natural gas... domestic, abundant, clean energy to power our lives... that's smarter power today. stuart: mitt romney said something causing outrage in some circles as especially on twitter and facebook. the governor said he wants to get rid of big bird. we play the sound bite and you will be side. we have been talking about this all morning. we saw it on tv. what was it like to be there in the room? what the atmosphere was as we perceive that. joining us is walker stapleton, colorado's state treasurer. i want to know how soon in the room
big spikes in california. los angeles one example $0.08 overnight. refinery across california. more on that debate. all energy development comes with some risk, but proven technologies allow natural gas producers to supply affordable, cleaner energy, while protecting our environment. across america, these technologies protect air - by monitoring air quality and reducing emissions... ...protect water - through conservation and self-contained recycling systems... ... and protect land - by...
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drivers in california are looking at nearly $5 a gallon at the pump. on average drivers in the state are paying $4.49 per gallon for regular unleaded, nearly 70 cents more than the nationwide average. west coast refinery fires and pipeline outages are to blame but it is squeezing gas station margins. it is so bad our next guest says he is considering shutting off the pumps when the gas he already bought runs out. he is owner of quality auto repair in north hollywood. sam, thanks for joining us. >> you're welcome. lori: so just got a report couple minutes ago that wholesale gas price in the l.a. area are lower by 55 cents on the wholesale level. so can you be optimistic at all that the worst may be over? >> not yet because i just got what are calling the bill for the prices for today. it is going to cost me $5.08 a gallon. lori: at wholesale level? >> that is the --. lori: over $5 at wholesale level. >> yes. lori: wow! that is unheard of. >> yes. lori: so if you, were to buy that gas at that price, over $5 a gallon, what would have to charge at the reta
drivers in california are looking at nearly $5 a gallon at the pump. on average drivers in the state are paying $4.49 per gallon for regular unleaded, nearly 70 cents more than the nationwide average. west coast refinery fires and pipeline outages are to blame but it is squeezing gas station margins. it is so bad our next guest says he is considering shutting off the pumps when the gas he already bought runs out. he is owner of quality auto repair in north hollywood. sam, thanks for joining us....
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Oct 23, 2012
10/12
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melissa is in california. i've got you here. adam in north california. a lot of moving parts. you bring it as always. that is great story. i want to get into more about spa peer row and her book. >> he has a book coming out. lori: she has been everywhere. >> schapiro or blair? lori: sheila bair blair. that is my bad. i'm overwhelmed today. thank you for collecting it. now they're really killing me. so far a new laptop from apple and new updated imac, they're all in one computer but the event is still going. will we have a mini ipad? back to the tech giant's big event in california. more of today's broad selloff. the dow down 220 at the moment. let's check today's winders and losers s anything up right now? actually yes. that is what makes a market. coach up 9 1/2%. harley-davidson up 7 1/2%. a lot more loser than winners. that's for sure. we'll be back with more. ♪ chances are, you're not made of money, so don't overpay for motorcycle insurance. geico, see how much you could save. >> i'm nicole petallides live on the floor of the new york stock exchange. every 15 minutes on
melissa is in california. i've got you here. adam in north california. a lot of moving parts. you bring it as always. that is great story. i want to get into more about spa peer row and her book. >> he has a book coming out. lori: she has been everywhere. >> schapiro or blair? lori: sheila bair blair. that is my bad. i'm overwhelmed today. thank you for collecting it. now they're really killing me. so far a new laptop from apple and new updated imac, they're all in one computer but...
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Oct 26, 2012
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stuart: so you went out to california with the heart transplant operation performed in california. charles: it was at cedars, the best, absolutely best in the world. >> your wife took the heart after young woman. charles: 20-year-old girl. stuart: who you knew yoo i knew the family i knew the mother, i knew the father. stuart: i'm almost out of time and i want to continue this. tell me how is your wife now. charles: she'ssdoing amazing. stuart: really. charles: does she feel like a new woman. stuart: restored. charles: went to the first two-- it's like a bull in a chute so powerful and she has not felt this way. she was in so much pain and down and depressed so long and it's literally a rebirth, stuart, it's new life and you know, it's painful because it's a young girl, 20 years old. i spent time with her family and father and mother on wednesday and-- >> i want to tell you charles from everybody on "varney & company" and i into from our viewers, we want to wish you the very best, and your wife of course. charles: thanks a lot. stay right there. we've got a show to do. all right. w
stuart: so you went out to california with the heart transplant operation performed in california. charles: it was at cedars, the best, absolutely best in the world. >> your wife took the heart after young woman. charles: 20-year-old girl. stuart: who you knew yoo i knew the family i knew the mother, i knew the father. stuart: i'm almost out of time and i want to continue this. tell me how is your wife now. charles: she'ssdoing amazing. stuart: really. charles: does she feel like a new...
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Oct 11, 2012
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the hardest-hit areas, florida, california, arizona, are starting to retire. florida and california in the last quarter equal or slightly better than the rest. housing has never been more affordable than it is now. if you want to buy a house it has never been more affordable and will be a slow fog as credit becomes available for consumers. >> he gave the federal reserve credit for making mortgage rates so low they have inspired people to get back into the housing market and start investing again instead of simply renting. frank blake in a fox business exclusive from home depot saying it is our job to prove analyst wrong and we will. dave: he said it is not a recovery but the beginning of the following process. putting a very modest sentiment on it. liz: stocks are up 70%. dave: some are fleeing europe with the s&p downgrades plaguing all of those economies. liz: a money manager says now is the time to buy because if you wait until it is time to getting you will be too late. he is calling europe a once in a generation opportunity. find out why. david marcus of
the hardest-hit areas, florida, california, arizona, are starting to retire. florida and california in the last quarter equal or slightly better than the rest. housing has never been more affordable than it is now. if you want to buy a house it has never been more affordable and will be a slow fog as credit becomes available for consumers. >> he gave the federal reserve credit for making mortgage rates so low they have inspired people to get back into the housing market and start...
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a gas spike in california leveled off, but prices have not stopped yet. the average price for gas went up 60 cents in the past week and the new all time high regular, 4.66 the average in california. the governor there, brown, yep, gary brown called on regulators to allow the early is a sale of less expensive winter blend dirty gasoline and he tried to bring sky high prices down. let's see how he does. >> let's check with nicole, we saw apple stock is down today and she's about to appear on the box on the right side. apple stock is down $12 per share, i don't know what the immediate reason for that is, i'm sure there is he' some kind of development. do you have a reason for me, nicole? >> i do. on the bloomberg terminal. talking about the unit there over in china, and the disputes that have been going on there, the labor disputes. and this is the second one. last time they had a labor dispute we did see apple stock drop and we're seeing it again today. and it has stopped the production of some apple products and i don't know how briefly or for how long, bu
a gas spike in california leveled off, but prices have not stopped yet. the average price for gas went up 60 cents in the past week and the new all time high regular, 4.66 the average in california. the governor there, brown, yep, gary brown called on regulators to allow the early is a sale of less expensive winter blend dirty gasoline and he tried to bring sky high prices down. let's see how he does. >> let's check with nicole, we saw apple stock is down today and she's about to appear...
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Oct 11, 2012
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cheryl: he is from california, the largest date in all this is probably california. there you go. breaking news out of washington. another day, another bank targeted to hackers. why the banks can't stop it coming up. dennis: and jamie dimon learning why no good deed goes unpunished. in a look at how the world currency is faring today. the dollar is down. [ male announcer ] how do you help doctors turn billion of bytes of shared information... ♪ into a fifth anniversary of remission? whatever your business challenge, dell has the technology and services to help you solve it. you won't just find us online, you'll also find us in person, with dedicated support teams at over 500 branches nationwide. so when you call or visit, you can ask for a name you know. because personal service starts with a real person. [ rodger ] at scottrade, seven dollar trades are just the start. our support teams are nearby, ready to help. it's no wonder so many investors are saying... [ all ] i'm with scottrade. cheryl: jpmorgan facing a civil lawsuit over alleged activity by bear stearns before being ac
cheryl: he is from california, the largest date in all this is probably california. there you go. breaking news out of washington. another day, another bank targeted to hackers. why the banks can't stop it coming up. dennis: and jamie dimon learning why no good deed goes unpunished. in a look at how the world currency is faring today. the dollar is down. [ male announcer ] how do you help doctors turn billion of bytes of shared information... ♪ into a fifth anniversary of remission? whatever...
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Oct 22, 2012
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there has been a suit filed in riverside, california, involving a case of so-called caffeine toxicity. too much caffeine and a young girl there, 14 years old died. so we're waiting to see what develops here, but right now the market is not waiting. they are pulling the stock down. let's get back to ron weiner. he says stop focusing on the economy's macro issues, time to pull out the microscope if you want to make some money. he's back with some names you believe have room to grow. let's start with one positive note, that appears to be a bottoming out of the housing industry. wells fargo is your pick here. >> not just that, 50% fee for mortgages and financial services and 50% from income from interest. it is a good bet. number one mortgage organizer in the world. liz: 30% year over year. >> it's been a good play but we think it has a lot more room to run. liz: what will generate that? >> lower interest rates. the fed said we're going to keep it low. liz: still find a way to have decent margins? >> that's tough, but they also have -- not just that, but they are able to make their fees o
there has been a suit filed in riverside, california, involving a case of so-called caffeine toxicity. too much caffeine and a young girl there, 14 years old died. so we're waiting to see what develops here, but right now the market is not waiting. they are pulling the stock down. let's get back to ron weiner. he says stop focusing on the economy's macro issues, time to pull out the microscope if you want to make some money. he's back with some names you believe have room to grow. let's start...
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reporters tomorrow night should be asking about this, states like illinois and california. ashley: you mention the pension credit, what are you doing to bring this to attention? what are you doing to get heard in congress? >> at launch a website with senator jim demint who has been a great leader on this, way out in front on it, he released a study through the joint economic study that shows a slightly different version but both of them say basically the same thing. a problem transferring wealth from the responsible states to the irresponsible states and jim demint has been very good with this. ashley: we will continue to track your progress. thank you very much. of course we will take us up with the 18 later on in the broadcast. not bad for union work, taxpayers footing the bill on labor union activity. it is called a official time and it cost us millions. the author is here to explain. in a campaign ad from president obama is not telling the whole truth on governor romney's plan to the economy. >> he would double down on the same trickle-down policies that led to the cris
reporters tomorrow night should be asking about this, states like illinois and california. ashley: you mention the pension credit, what are you doing to bring this to attention? what are you doing to get heard in congress? >> at launch a website with senator jim demint who has been a great leader on this, way out in front on it, he released a study through the joint economic study that shows a slightly different version but both of them say basically the same thing. a problem transferring...
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. >>> california gas prices increased 36 cents in one week. the average price of regular gas across the state is $4.49 a gallon the highest in the nation. >>> dave and buster's halts plans to launch a initial p.m. ofsh. yesterday the company first filed to go public in july. >>> rooper jay-z is live streaming his final con terse in new york city's barclay center. will air on his new channel on youtube. [buzzer] just in time that is today's speed read. >>> the u.s. unemployment rate as i'm sure heard fell to 7.8%. one economist said expected to rise to 8.2%. dean baker, economic policy and research director said the unemployment rate drop certainly a statistical fluke. we don't have to quote him because we have him. he is here right now. dean baker good to see you. all the press releases i see, liberal economist dean baker. so like it or not that is how you're described. >> i've been called worse. david: why do you think it is a statistical fluke what we saw today? >> let me just be clear. a lot of being are running around saying someone doctor
. >>> california gas prices increased 36 cents in one week. the average price of regular gas across the state is $4.49 a gallon the highest in the nation. >>> dave and buster's halts plans to launch a initial p.m. ofsh. yesterday the company first filed to go public in july. >>> rooper jay-z is live streaming his final con terse in new york city's barclay center. will air on his new channel on youtube. [buzzer] just in time that is today's speed read. >>> the...
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Oct 15, 2012
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a company based in california. medical equipment, supplies. some positive comments on it today upgrading the stock today. a new price target $625 up from 610, talking about the risk-reward going forward. while it has been in areas falling, they're talking about other medical conditions. you saw the stock gets a nice jump today, 3.6%. certainly we will continue to follow ahead of the quarterly report. ashley: thank you very much. a search in oil production is keeping the price of crude from rising too high. liz: we have somebody who says it may not provide you much relief at all at the pump. joining us now, chairman of petri partners. this is a little bit of a conundrum as we look and we see crude oil has fallen. a wholesale price of gasoline trading down at the nynex fell, but well above $4 per gallon at many gas stations and it is not breaking that floor down around $4. why? >> have other constraints in the delivery system and inventories on the low side for the product. it is a surprise, we are past the driving season, normally you have a se
a company based in california. medical equipment, supplies. some positive comments on it today upgrading the stock today. a new price target $625 up from 610, talking about the risk-reward going forward. while it has been in areas falling, they're talking about other medical conditions. you saw the stock gets a nice jump today, 3.6%. certainly we will continue to follow ahead of the quarterly report. ashley: thank you very much. a search in oil production is keeping the price of crude from...
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Oct 25, 2012
10/12
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all of that focus on what happened in california. those extraordinary numbers that appeared too good to be true were too good to be true and they had to change as a result of that. >> shares trading down after hours. earnings per share loss of $0.23. the street was expecting a loss of $0.08. revenue at $13.8 billion. the street was expecting $13.9 billion. one thing, the approach is to work hard and charge less and sell devices near break-even and you can pack a lot of sophisticated hardware into a low price point but the question is how well is the device trumping this market. it would seem right now they are missing as far as what wall street expected. dave: this is close to a 10% loss. we have mark sebastian in the pits of the cme. big loss for amazon. is that loss going to hold that after-hours trading loss, it is down to 206. will that hold tomorrow morning? >> i think so. we are waiting on apple. that could be a game change. i was watching amazon closely because it is a big international sales company. walmart is ten times the
all of that focus on what happened in california. those extraordinary numbers that appeared too good to be true were too good to be true and they had to change as a result of that. >> shares trading down after hours. earnings per share loss of $0.23. the street was expecting a loss of $0.08. revenue at $13.8 billion. the street was expecting $13.9 billion. one thing, the approach is to work hard and charge less and sell devices near break-even and you can pack a lot of sophisticated...
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Oct 25, 2012
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labor department saying california did not do anything wrong. it has discretion on whence it processes these claims and when it reports them to washington. dennis: mystery solved. peter barnes. tracy: time for your west coast minute. report forecasting california will not see a recovery next year. according to the pacific business forecasting center overall economic growth in the golden state will slow marginally in 2018 and job growth will decrease. slowing exports and reduced government support are blamed. the economy not stopping american airlines from opening up a flag ship check in center at lax. the at the ip only flag ship chicken will offer concierge service like greeters wearing top hats, comfy seats and a private elevator that will transport celebrities to their day. the city of seattle considering dropping regulations that require taxicab drivers to meet specific hygiene standards. clean clothes and nobody yoder has been the rule but drivers say other workers don't have to abide by such rules so why should they be singled out? city co
labor department saying california did not do anything wrong. it has discretion on whence it processes these claims and when it reports them to washington. dennis: mystery solved. peter barnes. tracy: time for your west coast minute. report forecasting california will not see a recovery next year. according to the pacific business forecasting center overall economic growth in the golden state will slow marginally in 2018 and job growth will decrease. slowing exports and reduced government...
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dagen: the latest on the record high gas prices out in california. they are mad. do we care? yes we do care. speaking of gasoline and oil, here's where oil is trading today, 90 bucks. >> announcer: meet jill. she thought she'd feel better after seeing her doctor. and she might have, if not for kari, the identity thief who stole jill's social security number to open credit cards, destroying jill's credit and her dream of retirement. now meet amanda. with a swipe of her debit card, she bought some gas... and an all-expense-paitrip to hawaii for ben. ben is the intity thief who used a device called a skimmer to steal her formation from her card to open a fraudulent account. every year millions of americans just like you learn that a little personal information in the wrong hands could wreak havoc on your fe. this is identity theft, and no one helps stop it better than lifelock. lifelock offers the most comprehensive identity theft protection available. ordinary credit monitoring services tell you after your identity has been stolen; they may take 30 days to alert you! too late f
dagen: the latest on the record high gas prices out in california. they are mad. do we care? yes we do care. speaking of gasoline and oil, here's where oil is trading today, 90 bucks. >> announcer: meet jill. she thought she'd feel better after seeing her doctor. and she might have, if not for kari, the identity thief who stole jill's social security number to open credit cards, destroying jill's credit and her dream of retirement. now meet amanda. with a swipe of her debit card, she...
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Oct 23, 2012
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connell: then melissa francis lived in california. some of the nations biggest money managers today at a conference. it looks a little nicer than it is here. first, markets now. let's take a look at the treasury markets. 176 on the ten year. ♪ >> i am lori rothman with your folks business brief. the selloff on wall street continues. triple digit losses after the dow component 3m and dupont slashed their earnings forecasts. the dow is down 248.5 now. the specialty home furnishing company plans to sell 5.2 million shares in a range of 22-$24 a pop. the market value for the company topped $850 million. drivers starting to see relief at the pump. prices have dropped for 12 straight days. the national average is at a dollars $0.64. aaa also expect prices to drop by election day and even more by thanksgiving. that is the latest from the fox business network. giving you the power to prosper. ♪ i'm a conservative investor. i invest in what i know. i turned 65 last week. i'm getting married. planning a life. there are risks, sure. but, the
connell: then melissa francis lived in california. some of the nations biggest money managers today at a conference. it looks a little nicer than it is here. first, markets now. let's take a look at the treasury markets. 176 on the ten year. ♪ >> i am lori rothman with your folks business brief. the selloff on wall street continues. triple digit losses after the dow component 3m and dupont slashed their earnings forecasts. the dow is down 248.5 now. the specialty home furnishing company...
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Oct 18, 2012
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the streaks have been seen over san francisco bay and other parts of northern california. that is your fox news minute. i like it. i am jamie colby. back to dig in and connell now. dagen: the man arraigned last night. prosecutors revealing the suspect entered the country on a student visa in january of this year. connell: holding those at the center of our economy. your thoughts on how the fbi handled this. >> i think it was handled very well. terrorists and those influenced by al qaeda have new york city and the u.s. in their crosshairs. as far as the impact, and economic impact, certainly there. we have now seen about 15 or so of these undercover sting operations here. it goes to show you that these people's intentions are continuing and we do not expect it to stop anytime soon. don: this one individual came into the country under a student visa. how many of them are there out there? should we be worried about this kind of terrorism? >> this is what everyone talks about, that lone wolf syndrome. that individual, if he did not come across the authorities, it indicates tha
the streaks have been seen over san francisco bay and other parts of northern california. that is your fox news minute. i like it. i am jamie colby. back to dig in and connell now. dagen: the man arraigned last night. prosecutors revealing the suspect entered the country on a student visa in january of this year. connell: holding those at the center of our economy. your thoughts on how the fbi handled this. >> i think it was handled very well. terrorists and those influenced by al qaeda...